UAE's Mubadala leads a $400 million financing round for German insurance company Wefox
Wefox, an insurance technology company founded by former emp.. Read more
Saudi Arabian Centers distributes dividends to shareholders for the second half of 2022 with a total of 356.25 million riyals
Arabian Centers Company has approved the distribution of cas.. Read more
The largest sovereign funds: "Abu Dhabi Investment Authority" advances to third place globally, with assets of $708.8 billion
The Abu Dhabi Investment Authority has advanced to the third.. Read more
Accumulated losses place Emirati companies on the "second category" screen, pending anonymity
Special Report - (Namazone): A group of companies listed.. Read more
Details 142 Saudi initiative to face the consequences of "Corona" B214 billion riyals
Special Report (Nmazzon): The government announced that.. Read more
Will gold remain a safe haven asset?
Gold has long been a source of controversy and contention am.. Read more
Global trade is expected to decline in the coming months
The economics department of Qatar National Bank (QNB) said t.. Read more
Analysis .. How will major central banks respond to the increasing cases of financial instability?
The global macroeconomic environment is experiencing some of.. Read more
The euro is below the dollar .. the lowest level in 20 years
For the first time in 20 years, the euro fell below $1 on Tu.. Read more
"OPEC"...The pressures of supply shortage will continue next year
OPEC expected global demand for oil to increase next year, b.. Read more
Economic News
World Markets
Report: Economic optimism persists in the Eurozone and bleak in the UK
In a sign that price pressures are beginning to subside, Germany's producer prices fell 3.9% m/m... Read more
World Markets
Report: The US economy...a long path ahead of raising interest rates
The resilience of the US economy showed no signs of abating or slowing. Where the National Bank of K... Read more
World Markets
The British economy contracted 0.3% in the third quarter
The British economy contracted at a faster rate than expected during the third quarter of 2022, affe... Read more
Gulf Markets
Saudi non-oil exports grew by 4.4% in October
Non-oil exports in the Kingdom of Saudi Arabia grew by 4.4% on an annual basis in October 2022, to r... Read more
Crypto currencies
Cryptocurrency platform Paxfl removes Ethereum from its marketplace
Cryptocurrency platform Paxful has announced the removal of its native Ethereum (ETH) token from its... Read more
UAE Markets
A Saudi company invests $2.4 billion in assets belonging to Dubai Ports
DP World announced, yesterday, Wednesday, the signing of an agreement with the Saudi Hasana Investme... Read more
Crypto currencies
FTX founder deported to America to face charges
Today, the US federal authorities are expected to deport Sam Bankman Fried, the founder and former h... Read more
Gulf Markets
Saudi Investments acquires 30% of Tabreed
The UAE National Central Cooling Company (Tabreed) announced that the Saudi Public Investment Fund h... Read more
Gulf Markets
Alinma Bank distributes 5% cash dividends
The Board of Directors of the Saudi Development Bank recommended distributing cash dividends amounti... Read more
UAE Markets
UAE: 37.2 billion dirhams of financing from national banks for commerce and industry in 9 months
The latest statistics of the UAE Central Bank revealed an increase in the volume of credit financing... Read more
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